Rail network linking UAE and Oman receives $3bn investment boost

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Wed, 2023-02-22 12:55

RIYADH: A plan to build a new rail network linking the UAE and Oman is a step closer thanks to a new $3 billion agreement.

Oman and Etihad Rail Co. and Abu Dhabi’s funding firm Mubadala have signed a deal to back the development of a 303 km railway network connecting the two countries.

The agreement will see the journey between Oman’s capital Sohar and the UAE city of Al Ain take just 47 minutes.

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